Aug. 8 at 4:48 PM
July jobs report came in abysmal (23k added vs 150k expected), yet equities are pumping hard. Why? Wall Street is pricing in the Fed pivot, pushing rate hike chances off the table.
We are sitting on 0 shorts and riding the trend.
Recent booked receipts:
✅
$SOXL: +20% gain (1-day trade)
4 Breakout Charts Watching This Week:
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$ABNB - Massive breakout, waiting for pullback retracement to buy.
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$APD - Bollinger Band squeeze inside Keltner Channels.
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$LABU - Above-average volume momentum.
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$XLB - Multi-month consolidation ready to resolve higher.
https://thecontrariantrader.com/market-insights/why-terrible-job-numbers-are-pumping-stocks-plus-4-breakout-stock-charts-to-watch/